What is a Logbook Loan?
Complete our online form and find out how much you can borrow against the value of your car today. Loans on cars over 8 years old are available! If you would like to speak to someone over the phone then please call now to talk to one of our panel of lenders. Freephone 0808 301 3078. We are open 8am 8pm (Mon- Fri) and 9am 3pm (Sat)
You could get a loan of £250 – £50,000, with approval on the same day! Penwortham Logbook Loans could be taken on Cars, Vans and Motorbikes. Apply now for a quote, it only take a few minutes. Our V5 lenders accept applications from the majority of the UK mainland, that means your local area is covered.
About Coney Hall
At Coney Hall, our sole aim is to put you in touch with a leading UK provider of Penwortham logbook loans. Our free service is convenient, and in many cases you can get your loan decision on the same day. Compare our lenders to other market competitors like Penwortham Cash Converter Logbook Loans, Wonga and QuickQuid.
If you’re unfamiliar with Penwortham V5 Logbook Loans, you’ll find a number of reasons as to why they are so popular throughout the UK. Here are some of the main advantages this type of loan can offer, and how our free quote service can help:
If you would like to find out more information about Penwortham logbook loans, then simply complete the form at the top of the page to hear direct from a leading UK logbook loan provider. They will be able to advise on any queries you may have, and provide a quote direct.
Please also note that as an intermediary website, we are not qualified to offer advice about Penwortham logbook loans or any policies you may have taken out. Please contact the loan provide direct for further information.
Looking for logbook loans in Penwortham on cars over 8 years old? Looking for logbook loans in Penwortham on cars over 10 years old?
Get a Decision On The Same Day
Poor Credit Considered
Keep Driving Your Car
More Logbook Loan Specialists Near PenworthamCity Centre | Avenham | Broadgate | Deepdale | Fishwick | St. Matthew’s | Penwortham
What V5 loans are available?
Need a convenient and simple way to free up some money but can’t get a standard loan from your bank? At Coney Hall V5 Logbook Loan we help you find the perfect solution to your financial needs! All applicants are considered, and you could borrow money today! If you’ve ever been declined a loan then this could well be the option you have been looking for. Why not free up some of the money quickly, but using your car, whilst still carrying on driving it.
The application process is simple, and it only takes 30 seconds to get your free no-obligation quote.
Penwortham Logbook loans are secured against your vehicle and are subject to affordability. Missed payments may result in additional fees and/or the repossession of your vehicle. Over 18s only, T&Cs apply.
How much can you borrow?
The easiest way to accurately discover how much you could borrow against your car is to enquire online above. You will be offer the highest loan amount available to you. Normally, you can borrow up to 80% of your car’s value… but what does that amount to? This is an example only and circumstances may differ. Simply use the online calculator we have provided below and move the ‘Value’ slider to get an estimated loan amount. You can borrow from as little as £250, with most vehicle makes, models and ages are covered. You can borrow less than 80% of your cars value if you wish.
Select the Value of Your Car:
Why Penwortham Logbook Loans Online?
- 30 second, free enquiry
- Approval on the same day
- Borrow between £250 – £50,000
- CCJs and bad credit considered
- Adaptable loan periods
- Self-employed considered
- Part time employed considered
All logbook loans are subject to eligibility and affordability.
Logbook Loan FAQs
We have a comprehensive list of frequently asked questions about Logbook Loans. If you have any more, please call direct, or complete our quote form and our lending partners will contact you.
More Locations for Logbook Loan QuotesBurnham | Littleworth | Salt Hill | Slough | Upton | Cippenham
Are the Self-Employed Eligible to Borrow?
If youre in Penwortham and self-employed then you are probably aware how difficult it can be to get a personal loan of any sort as most money lenders want to see regular guaranteed income to cover payments. Logbook Loans use your vehicle as collateral which means you might still be eligible for a loan as it reduced the risk to a logbook lender. However, its important to remember though that as part of responsible lending you will need to prove to the lender that you can cover the repayments.
No Credit Check Logbook Loans?
Compare Penwortham Logbook Loans Online, alternatively call our specialist V5 Loan Partners directly 0808 301 3078
FAQs About Penwortham V5 Loans
If youve got any questions about Penwortham logbook loans then you may well find the answer in the list of FAQs we have compiled below. If not then please get in touch via our form and well happily advise further.
How do Penwortham Logbook Loans work then?
The theory of borrowing against your car is an easy one… use your cars V5 title document as security to borrow against the value of your car. You can lend anything up to 80% of the cars value up to a maximum of £50,000. The logbook loan application process is simple, and this type of v5 loan is popular among Penwortham residents as they are often accessible to those with poor credit scores (Due to CCJ’s) as the vehicle is used as security. Once your loan is repaid, you receive your V5 document back and carry on driving the car as normal.
Im unemployed... can I get a Logbook Loan?
One requirement of taking out Penwortham V5 Loans is that you can prove to the lender that you can afford the repayments. Its part of a responsible lending approach, this helps to ensure you do not default on any loan payments. Therefore even if you are unemployed in Penwortham, but can still prove you can afford the repayments then you may be eligible for a loan. Complete the online logbook loan form to see if you are eligible.
Are Logbook Loans visible on a HPI check?
A HPI check will clearly show a loan present as a Bill of Sale Agreement. A rule was introduced that requires all Penwortham V5 lenders to register any current loans against a vehicle with companies such as HPI. If for any reason you find that there is already a loan against your vehicle which was not visible on a HPI chekc then you are entitled to a reimbursement of up to £30,000 under the HPI guarantee.
What will I need to apply?
Youll need to provide several forms of documentation before your loan can be approved. The most important of these are your valid photo identification and your V5 documents, or logbook, as these will prove that you are the rightful owner of the car you want to use as security. You should also provide a current MOT, proof of insurance, and a copy of your most recent utility bill (in your name) to prove your Penwortham residency. You will also need to prove your able to afford the repayments. i.e. with payslips or bank statements that show your income.
Can I Get a Loan With a Poor Credit Score?
Taking out a loan when youve bad credit score is tough for many Penwortham customers. Because of the bad credit score, major loan lenders like banks are less likely to approve your loan application. Penwortham V5 lenders might be able to provide a more feasible option despite the bad credit. Although you will still have to experience a credit check, V5 lenders can be more understanding to bad credit scores; as responsible Penwortham V5 lenders, they will have to assess the loan applicants ability to repay the loan, and their vehicles value to ensure that the loan can be guaranteed.
Are Penwortham Logbook Loans a good idea for me?
If your circumstances mean that you have been refused a loan elsewhere then applying for this type of V5 loan could help you borrow the money you need. By using your car, van or motorbike as security, V5 loans are more feasible to Penwortham residents who have less-than-perfect credit scores, or simply need to release some quick money from the value of their car. If you own your car and can afford the repayments then a V5 loan may be a good idea.
What if I cant prove my income?
Those who are self employed or have a bad credit history in Penwortham can benefit from the V5 loans; they will need to prove that they are able to make the repayments. As part of responsible lending, its important for Penwortham V5 loan applicants to prove that they have the ability to make prompt repayments to avoid losing possession of their car. Since different people have different situations, get in contact today to discuss your particular needs.